Florida Asset Protection & Estate Planning Blog: Recent Comments

Comment on Proper Long Term Care Planning Helps Ensure Best Care

Randy Coleman — Wed, 25 Jan 2012 16:06:25 GMT

Your question requires some additional information before we can provide an appropriate response. Are the funds you are seeking to place in an escrow account the funds that will be used in the future to pay the obligations of the personal services contract, or are they the funds that already have been paid to the service provider? If they are funds being held by an escrow agent for future disbursement, then the person(s) who will be receiving the interest income in the future should use their own social security number for the escrow account. If the funds have already been paid to the personal service provider, then the service provider's own social security number should be used. If the interest income is to be retained by the escrow agent, then the escrow agent's EIN should be used. If the interest income is going to revert to the blind widow of the deceased war veteran, then her social security number should be used for the account.

If you have additional questions, please let us know.

Comment on Proper Long Term Care Planning Helps Ensure Best Care

mark stein — Wed, 25 Jan 2012 14:13:05 GMT

In conjunction with personal service contracts to care for blind widow of deceased war veteran, we would like to earn some money on amounts placed in escrow account. Banks and Brokerage house will not accept EIN for registration of account. What is our recourse?

Comment on JacksonvilleLaw.TV Starts October 3, 2011

tires jacksonville fl — Tue, 24 Jan 2012 22:01:47 GMT

Those sound like some great places to get my legal questions answered. Thanks.

Comment on Aging Boomers Ignorantly Blissful About Long Term Care

long term care quotes — Thu, 29 Dec 2011 01:51:21 GMT

Elders who do not want have long term care insurance should be prepared to pay LTC services from out of their pockets. Getting a long term care insurance is not only to insure your premium health care but also to insure that you can keep your financial assets for your children

Comment on Why You Should Periodically Review Your Estate Planning

Wills Texas — Tue, 22 Nov 2011 00:00:52 GMT

It is definitely important to review estate plans. Especially after significant events such as marriage, divorce, or having kids.

Comment on Special Needs Trusts - Shifting Purpose, Increasing Value

Paul Heckt — Tue, 08 Nov 2011 22:23:06 GMT

Great piece, Mr. Coleman. It's important the parents of special needs children learn about special needs trusts and how they can help their children.

Paul Heckt
Minnesota special needs trust attorney

Comment on Why You Should Periodically Review Your Estate Planning

Ashley Berg — Wed, 02 Nov 2011 12:41:06 GMT

Randy,

This article was very useful. Thx for posting!

Comment on The Importance of Advance Directives

Ed Dunn — Tue, 27 Sep 2011 12:32:43 GMT

I stumbled on this article while researching a living will issue I am experiencing pertaining to my mother. I appreciate the info. I am in the process of trying to get the doctors to acknowledge my mother's living will, and sometimes feel like i am arguing with a wall. 20 year COPD patient. Congestive heart failure, Afib, Sicsinus syndrome. She's been on a ventilator for 2 months. 4 days ago the Dr. told me she would be on a ventilator the rest of her life. I told him to prepare to follow her guidelines. Yesterday, he says she was able to tolerate CPAP for 4 hours over the weekend, so he wants her to see a psychiatrist. Well, she can not talk. She has a tube down her throat. This goes on and on. From my experiences. a living will is not worth the paper it is written on. Thanks for the article, and letting me get this off of my chest. ED

Comment on Florida Legislature Confirms Charging Order Exclusive Remedy for Multi-Member Limited Liabilty Companies

Monica Tirado Esq — Fri, 16 Sep 2011 19:27:14 GMT

Mr. Coleman,

Could you provide some examples of the potential negative consequences for judgment creditors who opt to obtain a charging order? And what types of provisions in the operating agreements lead to these consequences?

Comment on "Who Moved My Dentures?" 13 False (Teeth) Truths About Long Term Care and Aging in America

Medical Alert Systems — Fri, 26 Aug 2011 09:55:48 GMT

great post, thanks to share